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What I’ve Learned – running a business for 3 years

I spend a large portion of my free time reading from the perspective of the Entrepreneur and the CEO of Fortune 300-500 companies. Below is my HONEST AND REAL list of what it is like to be an Entrepreneur. Enjoy!

Running a business sucks – I mean really sucks. Starting a business is awesome.

Being in charge is harder than you think.

If things get bad – they can get worse. If things are good – they can get better.

Everything costs double what you think it will.

Everything takes 10x longer than you think it will.

Only your mother will think you are perfect and have the best ideas.

In lawsuits, the only winner is the lawyer. Try to avoid them (lawsuits, not lawyers. They are nice people outside the courtroom)

You will learn the definition of “grinding” in the first month. If things are easy, I suggest re evaluating your current situation.

There is never a good time to leave something or a commitment.

Having partners is a challenge. Treat it like a marriage – because it is. You will see him/her more than you see your significant other.

If you think you aren’t “ready” – you are. Trust yourself.

Understanding money in and money out (cash flow) is paramount. Don’t let this run your life.

You will get sick. You will throw up. You will cry. You will feel the world collapsing. Let it. It’s part of the fun.

Try to be a part of your industry – beyond a business owner. Stay connected to the root and the pulse.

In the service business, the customer is (usually) right. In today’s world you have to stick to your guns – even as a business owner.

90% of your problem comes from 10% of your business.

Starting a business is the easy part. Growing the business is the hard part. So just start the damn thing and see where it takes you.

Tell people your ideas. Don’t keep them to yourself. Don’t be afraid to show people what you create – 99% of the world are too lazy to steal your idea.

80% of your inner thoughts are negative. Do your best to stay positive in hard times.

Talk about your feelings. Don’t be an idiot and think you can solve them on your own. YOU CAN’T!